Options to Maximize
Charitable Giving
The writer to the Hebrews reminds God’s people to “ . . . not neglect to do good and to share what you have, for such sacrifices are pleasing to God” (Hebrew 13:16). How, though, can one’s gifts make the greatest impact?
An introduction to a few impactful and frequently used charitable giving options are included in the chart below. They are listed in two different categories: current (gifts that are given now and affect the charity immediately) and deferred (gifts that are promised or invested now, but which can impact the charity now and later). Each category includes a number of giving options. Let’s take a brief look at one in each of the categories.
Employer Matching Gifts (CURRENT)
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Minimum
An excellent way to maximize your donation is through Employer Matching Gifts. Many employers will match charitable gifts given by their current or retired employees. A relatively simple process, you would need to check with your employer first to see if they offer a match and then to learn how to take advantage of such an opportunity. With a quick check-in, it may be possible to double the impact of your support for FVL.
Endowments (DEFERRED)
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Varies
Often called a “gift that keeps on giving,” through an endowment, a donor can set up a fund where the initial amount (principal) is invested, and a portion of the interest earned is then used as a charitable gift. Endowments often continue after the donor is in heaven, which can appeal to those who would like to offer on-going support to a cherished ministry. Don’t want to set up a new endowment? No problem! You can direct your donation to FVL to support an already existing endowment (FVL Foundation), increasing the principal of that fund, and thus resulting in additional ongoing support. Contact our Mission Advancement Office to learn more about the FVL Foundation, if this sounds like the right option of giving for you.
As always, we strongly encourage you to check with your financial planner and/or tax advisor, as you consider how you can best support the ministry at FVL.
We also invite you to contact our Mission Advancement Office at any time to discuss which opportunities for giving may work best for you.
CURRENT Donation Options
Employer Matching Gifts
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Minimum
Cash
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Minimum
Appreciated Assets
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Minimum
Donor Advised Funds
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$10K Minimum
Qualified Charitable Distribution
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Minimum
DEFERRED Donation Options
Endowments
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Varies
Beneficiary Designations
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Minimum
Wills & Trusts
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$ Minimum
Charitable Remainder Trust
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$200K Minimum
Charitable Gift Annuity
Tax Savings
Capital Gains Relief
Survivors Benefit
Retirement $
$10K Minimum
Use the chart above to discover ways that you might be able to maximize your support of ministries that are important to you, whether that is FVL or other ministries that are close to your heart.
If you have any questions, please feel free to contact our Mission Advancement Office for more information and assistance. We are always happy to talk with you.
Be sure to consult with your financial planner or tax advisor prior to making a decision. Charitable donations and their tax or estate impacts can vary widely according to personal circumstances.
